Hello fellow Forex Factory members,
I'm already using the services of Forex Factory for several months but it is only recently that I've start using the forum. And I'm impressed by the Ubuntu feeling that is shared by many of you. For this, all my compliments. If you know in all honesty that you don't share this feeling of '' I am because we are '' don't hesitate to skip this thread. This will just save everyone time and energy. Thanks in advance.
If I want to ask you for help I think a short introduction is in it's place. You can call me by my usually used online name; Frietzak. I live in the Netherlands and I'm at the time of writing 19 years old. Please let this not be in any form a valid excuse for my behavior, ideas or performances. I am an entrepreneur and self employed and don't go to school anymore. To avoid confusion, I decided after the completion of my study to not continue studying. This was a conscious choice of which I am still 100% convinced that it was the right choice. After attending an online private Forex course is my Forex knowledge slowly increasing but I also know that I'm not there yet. And that's one of the reasons why I like to go on this adventure together with you.
I've developed together with my programmer an expert advisor based on my ideas and that of one of my fellow students. This expert advisor is mainly made because I had problems controlling my emotions when there was money at stake.
Enough talk about me. Let's talk about the EA and how it works. The principle of the EA is quite simple. The EA uses a moving average and calculates based on the selected time frame every 1M, 5M, 15M, 30M, 1H, 4H, daily, weekly or monthly the degree of the angle of the line. When the degree meets the pre-set value will there automatically a position taken. The system is so designed that it should, atleast in theory, work on each time frame. The EA has several adaptable options and is within the system adaptable to your own idea. For example I use the system on a daily time frame on 21 different pairs. But I'm pretty sure this is not the best option. Therefore I would like to look with you for the best settings.
The following options are in the EA:
- Lot risk as % of equity available divided by risk divisor
- Fixed lot size (Disables Lot risk)
- Stop Loss
- Take profit
- EMA period
- Shift
- MA method
- Applied price
- Angle Coefficient
- Use Trigger Lines as part of open criteria
- Close trade on change of Triggerline
- Close trade on angle coefficient reversal
- Close if angle is flat at bar close
- Close orders mid-bar if angle reverses
- Initial SL move; level to move SL to
- Use Trailing Stop Loss; move stop every xx pips
- Restict trading to set times (used MT4 broker time)
- Mins before news to carry out the following actions
- Add stop loss / take profit pre news to loss trades
- Close trades in profit pre news
- Don't open trades before news
Each of these options can be turned on or off.
Because the EA uses a live feed for tracing red news is testing the EA with a strategy tester a bit harder. I have added in the appendix the historical data for the news of 2013 which need to be placed in the "MT4\tester\files" folder. When running the EA in the strategy tester, you need to manually enter the offset between GMT and MT4 (positive if MT4 ahead of GMT and vice versa) (don't forget to adjust for daylight saving time if necessary for the period you're running).
In order to protect the asset I offer each one of you atleast for now a serial code till 2014.08.31. The serial code is: 04gp-RvYg-NUd2-HXaS
It is quite possible that I forgot to tell you some things. Should this be the case feel free to address this so I can react as soon as possible with proper feedback.
If you have questions feel free to ask them.
I will add in my next post, the other historical data of 2013.
Thanks for your precious time and I apologize for the possible misuse of English grammar.
Best regards,
Frietzak
I'm already using the services of Forex Factory for several months but it is only recently that I've start using the forum. And I'm impressed by the Ubuntu feeling that is shared by many of you. For this, all my compliments. If you know in all honesty that you don't share this feeling of '' I am because we are '' don't hesitate to skip this thread. This will just save everyone time and energy. Thanks in advance.
If I want to ask you for help I think a short introduction is in it's place. You can call me by my usually used online name; Frietzak. I live in the Netherlands and I'm at the time of writing 19 years old. Please let this not be in any form a valid excuse for my behavior, ideas or performances. I am an entrepreneur and self employed and don't go to school anymore. To avoid confusion, I decided after the completion of my study to not continue studying. This was a conscious choice of which I am still 100% convinced that it was the right choice. After attending an online private Forex course is my Forex knowledge slowly increasing but I also know that I'm not there yet. And that's one of the reasons why I like to go on this adventure together with you.
I've developed together with my programmer an expert advisor based on my ideas and that of one of my fellow students. This expert advisor is mainly made because I had problems controlling my emotions when there was money at stake.
Enough talk about me. Let's talk about the EA and how it works. The principle of the EA is quite simple. The EA uses a moving average and calculates based on the selected time frame every 1M, 5M, 15M, 30M, 1H, 4H, daily, weekly or monthly the degree of the angle of the line. When the degree meets the pre-set value will there automatically a position taken. The system is so designed that it should, atleast in theory, work on each time frame. The EA has several adaptable options and is within the system adaptable to your own idea. For example I use the system on a daily time frame on 21 different pairs. But I'm pretty sure this is not the best option. Therefore I would like to look with you for the best settings.
The following options are in the EA:
- Lot risk as % of equity available divided by risk divisor
- Fixed lot size (Disables Lot risk)
- Stop Loss
- Take profit
- EMA period
- Shift
- MA method
- Applied price
- Angle Coefficient
- Use Trigger Lines as part of open criteria
- Close trade on change of Triggerline
- Close trade on angle coefficient reversal
- Close if angle is flat at bar close
- Close orders mid-bar if angle reverses
- Initial SL move; level to move SL to
- Use Trailing Stop Loss; move stop every xx pips
- Restict trading to set times (used MT4 broker time)
- Mins before news to carry out the following actions
- Add stop loss / take profit pre news to loss trades
- Close trades in profit pre news
- Don't open trades before news
Each of these options can be turned on or off.
Because the EA uses a live feed for tracing red news is testing the EA with a strategy tester a bit harder. I have added in the appendix the historical data for the news of 2013 which need to be placed in the "MT4\tester\files" folder. When running the EA in the strategy tester, you need to manually enter the offset between GMT and MT4 (positive if MT4 ahead of GMT and vice versa) (don't forget to adjust for daylight saving time if necessary for the period you're running).
In order to protect the asset I offer each one of you atleast for now a serial code till 2014.08.31. The serial code is: 04gp-RvYg-NUd2-HXaS
It is quite possible that I forgot to tell you some things. Should this be the case feel free to address this so I can react as soon as possible with proper feedback.
If you have questions feel free to ask them.
I will add in my next post, the other historical data of 2013.
Thanks for your precious time and I apologize for the possible misuse of English grammar.
Best regards,
Frietzak
Attached File(s)
1-2013-news.csv
3 KB
|
806 downloads
2-2013-news.csv
4 KB
|
352 downloads
3-2013-news.csv
4 KB
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354 downloads
4-2013-news.csv
4 KB
|
365 downloads
5-2013-news.csv
5 KB
|
335 downloads
6-2013-news.csv
4 KB
|
357 downloads
7-2013-news.csv
4 KB
|
354 downloads
8-2013-news.csv
4 KB
|
436 downloads
Kalfsvel EA.ex4
79 KB
|
962 downloads
|
Uploaded Oct 23, 2016 6:25pm